Horan House

Colliers International appraisal completed 2025. Going concern valuation reflects stabilized hospitality operations.

Horan House occupies an elevated position in historic downtown Truckee, commanding unobstructed views of the Sierra Nevada mountain range and overlooking the Truckee River valley. A sequence of stairs connects High Street to Donner Pass Road, acknowledging the natural topography that defines this alpine town.

The property operates under Downtown Mixed-Use Residential (DMUR) zoning, enabling year-round professional hospitality within Truckee's historic district. This regulatory framework provides sustainable operational permissions while maintaining neighborhood character—a critical competitive advantage in supply-constrained markets.

Standing seam metal roofing in charcoal, natural wood siding, and blackened steel details reference Nordic building traditions and Truckee's mining heritage. The interior material palette centers on natural warmth—teak, walnut, concrete, marble—with earth-toned upholstery and sculptural lighting throughout.

The kitchen operates at professional hospitality standards: Sub-Zero refrigeration, Wolf ventilation, Miele commercial dishwashers, Hestan range with griddle and dual ovens, and La Marzocco espresso capabilities. This institutional-grade specification enables hotel-level food and beverage service within a residential setting—a fundamental principle of the distributed hotel model.